Common use of Allocation and Payment of Improvement Costs Clause in Contracts

Allocation and Payment of Improvement Costs. Using the procedure provided in Article 24 (Transportation Charge - Capital Cost Component) the State shall, as of the effective date of Article 49, allocate among all contractors entitled to delivery of project water from or through the affected reaches those design and construction costs encompassed in letter agreements dated January 18, 1984; July 2, 1984; and May 15, 1985, between the State and The Metropolitan Water District of Southern California which would have been incurred irrespective of East Branch Enlargement Facilities. The Agency shall pay the State the charges as determined pursuant to this provision with interest at the project interest rate.

Appears in 3 contracts

Samples: Water Supply Contract, Water Supply Contract, Water Supply Contract

AutoNDA by SimpleDocs

Allocation and Payment of Improvement Costs. Using the procedure provided in Article 24 (Transportation Charge - Capital Cost Component) the State shall, as of the effective date of Article 49, allocate among all contractors entitled to delivery of project water from or through the affected reaches those design and construction costs encompassed in letter agreements dated January 18, 1984; , July 2, 1984; , and May 15, 1985, between the State and The Metropolitan Water District of Southern California which would have been incurred irrespective of East Branch Enlargement Facilities. The Agency shall pay the State the charges as determined pursuant to this provision with interest at the project interest rate.

Appears in 2 contracts

Samples: Water Supply Contract, Water Supply Contract

Allocation and Payment of Improvement Costs. Using the procedure provided in Article 24 (Transportation Charge - Charge—Capital Cost Component) the State shall, as of the effective date of Article 49, allocate among all contractors entitled to delivery of project water from or through the affected reaches those design and construction costs encompassed in letter agreements dated January 18, 1984; , July 2, 1984; , and May 15, 1985, between the State and The Metropolitan Water District of Southern California which would have been incurred irrespective of East Branch Enlargement Facilities. The Agency shall pay the State the charges as determined pursuant to this provision with interest at the project interest rate.

Appears in 2 contracts

Samples: Water Supply Contract, Water Supply Contract

Allocation and Payment of Improvement Costs. Using the procedure provided in Article 24 (Transportation Charge - Capital Cost Component) the State shall, as of the effective date of Article 49, allocate among all contractors entitled to delivery of project water from or through the affected reaches those design and construction costs encompassed in letter agreements dated January 18, 1984; , July 2, 1984; , and May 15, 1985, between the State and The Metropolitan Water District of Southern California which would have been incurred irrespective of East Branch Enlargement Facilities. The Agency District shall pay the State the charges as determined pursuant to this provision with interest at the project interest rate.

Appears in 2 contracts

Samples: Water Supply Contract, Water Supply Contract

AutoNDA by SimpleDocs

Allocation and Payment of Improvement Costs. Using the procedure provided in Article 24 (Transportation Charge - Capital Cost Component) the State shall, as of the effective date of Article 49, allocate among all contractors entitled to delivery of project water from or through the affected reaches those design and construction costs encompassed in letter agreements dated January 18, 1984; , July 2, 1984; , and May 15, 1985, between the State and The Metropolitan Water District of Southern California which would have been incurred irrespective of East Branch Enlargement Facilities. The Agency shall pay the State the charges as determined pursuant to this provision with interest at the project interest rate.

Appears in 1 contract

Samples: Water Supply Contract

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!